Investment Q&A

Q: Is this stock a "buy"? I read a description of it's business and I am still not sure what they do, or, whether it has a wide enough mote to protect their business model? The stock has gone up significantly over the last three years: has a high ROE & a high P.E. to go with it -EPS > quicker than top-line revenue - comments please.

Q: If you had to choose between TC and SYZ which would you choose and why? I have a 5.5% position in SYZ which has been down since the time I bought it 6 months ago. Is it advisable to trim it to 3% and invest the rest in TC. Also do you think TC is expensive at the current level. Thanks

Q: In a question earlier this month on Open Text it sounded like CGI and Open Text are in the same range of quality while CSU was the superior. I hold enough CSU and I would like to add another name in the tech area. I like the above two companies, could you recommend to me one over the other and/or a third option if I am missing something.
Thank you
Jeremy

Q: RBC came out with a research note on CSU this morning and a $475 target price (well below market price).

Do you agree, and can you comment on their observations I'm quoting below plse:

"In light of the divergence between Constellation’s current pace of acquisitions and valuation, RBC CM wanted to outline the conditions necessary and scenario for re-acceleration in acquisitions. The analyst believes a reduction in Constellation’s hurdle rate is needed to counter the elevated pricing environment and drive material re-acceleration in acquisitions. In the meantime, RBC CM sees acquisitions below FCF and Constellation deleveraging. RBC CM believes Constellation’s long-term fundamentals remain attractive. However, valuation multiples near the high end of Constellation’s historical range have diverged from its slower pace of M&A. RBC CM’s C$475 target equates to 16x CY16E EV/EBITDA on $519MM CY16E adj. EBITDA."

Thanks

Q: Further to Larry's question on Hack, it appears Pure Funds only has 2 very unique funds at this time (albeit with plans to add more). Should one be wary of investing in a new fund provider, especially one offering a non traditional product line-up. I like the idea of the Hack fund but am somewhat wary of Pure Funds unless they have a proven prior track record in the industry? How much of a concern should this be?

Q: Update including recent acquisition.

Q: What's wrong with this stock. Keep dropping each day. How is the fundamental? What do you think about the acquisition announced yesterday? Thanks in advance.

Q: Hi - your analysis of the pending acquisition and financing please. Does this give them some gravitas they have been lacking? the market seems to approve. what does the combined company look like? valuation? thanks

Q: Hi Peter. Any thoughts on the emerging 3D printing market. Cisco and a few others seem to be at the forefront. Would you consider an ETF such as BMO Nasdaq as decent exposure to this. I have considerable cash sitting idle in my RRSP. I have a lot in 3 banks, but they are not doing so great anymore. Any suggestions. Thanks for all your great advice.
Cam

Q: Of ESL and GIB.A, which would you add to today? Long-term hold.

In the technology sector I already have CSU (6.9%), AVO (2.5%), OTC (2.1%), ESL (1.4%), and GIB.A (1.4%)

Thanks,
Paul

Q: Is Open Text worth holding for the next few quarters? I have a 23% loss in a non registered account. I am trying to remember the opportunity cost of holding losers (slow learner) so if you recommend a switch, would you please provide a few names in large companies as opposed to small, higher risk ones? Thank you.

Q: Stock hitting new highs. Have been watching it but have not bought. Too late to initiate a position? What is the insider ownership? Thanks.

Q: I believe we are on the cusp of a technology super cycle - vehicles/homes/workplace. What are some companies poistioned to benefit from this cycle?

Q: Your take on ET's results today especially as to Revenue & Eps vs estimates,& effect on its price.Thanks a lot for your usual great services & views

Q: Sorry, already own stock and want to add to position, however can you please what is expected vs .33 estimated.
Thanks

Q: Re: Brian's question today about NXPI...just got this news (seems good news) about NXP:

-Switzerland's Finanz und Wirtschaft has reported local firm AMS (OTC:AUKUF) has lost deals to supply NFC signal-boosting ICs for future iPhone and Apple Watch models. Going forward, Apple will reportedly rely exclusively on NXP (NXPI +2.2%) to supply NFC parts.

-AMS fell 21.1% in Zurich on the news. NXP is joining tech and chip peers in rallying. Various teardowns have uncovered NXP NFC controllers and AMS signal-boosting chips in the iPhone 6 and Apple Watch. NXP also supplies NFC controllers for Chinese Galaxy S6 models; Samsung NFC controllers have been found in international models.

Q: I know that you dont follow US stocks as diligently as you do Canadian securities. Would you feel comfortable commenting on NXPI? I have held it for some time and have done very well. It has taken quite a hit in the last few weeks. I would appreciate your comments and would you recommend holding it. Thanks

Q: could u please advise me an robotic company(ies) that r worth looking at.

Q: Your latest review re Tucows - Please

Q: Hello, I know you do not follow US stocks that closely but can you tell me what you think of Mentor Graphics corp? Thank you!